Economy & Regulation U.S. states with positive attitudes have advanced towards bitcoin legalization – a process that a growing number of elected officials consider inevitable, if not desirable. Numerous crypto-friendly bills have been introduced, and some of them have received approval in committees and houses of state legislatures. One wouldn’t necessarily think of states like […]

Finance Last year bitcoin had a phenomenal run leading up to its all-time high of $19,600 per BTC this past mid-December. The price over the past few weeks had since dipped to a low of $5,900 on Monday, February 5, losing close to 65 percent of its value in a short period. The dip has […]

Bitcoinist.net · February 11, 2018 · 3:15 pm The much-anticipated merging of two groundbreaking technologies, VR and E-Commerce, may soon become a reality with the recent launch of MARK.SPACE. This blockchain based VR/3D platform empowers all online retailers to enjoy the benefits of VR regardless of their size, by eliminating the need for expensive VR-equipment […]

Featured General Manager of the Bank for International Settlements (BIS), Agustín Carstens, gave a talk at Goethe University in its House of Finance, Tuesday, 6 February in Frankfurt. Titled Money in the Digital Age: What Role for Central Banks?, the talk saw Mr. Carstens acknowledge “We have seen a bit of a shift, to issues […]

How low can cryptocurrencies go after what has been an ugly start to the year for virtual assets? For some Goldman Sachs Group Inc. analysts, the answer is zero. Steve Strongin, head of Goldman’s research unit, painted a bleak picture for proponents of digital currencies, going as far as saying that many extant cryptocurrencies are […]

Finance This Wednesday Grayscale Investments, the sponsor of the Bitcoin Trust (OTCQX: GBTC) has announced a new cryptocurrency investment vehicle is coming. The company plans to launch the ‘Grayscale Digital Large Cap Fund’ (the “Fund”) that intends to hold the top digital assets within the cryptocurrency economy. Also Read: Phony PBOC Email Sent to U.S. Media […]

Bitcoinist.net · February 7, 2018 · 11:45 pm The Magnus Era brings with it a fundamental change in how intelligent systems are built and interact with each other. Palo Alto, California, February 6, 2018 – The Magnus Collective has launched their ICO Pre-Sale and will be the first truly decentralized blockchain based network of intelligent […]

Finance Looking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on […]

Featured Australian gambling regulator Northern Territory Racing Commission (NTRC) has issued an informal ban against all cryptocurrency online wagering, singling out bitcoin and ethereum. Just days before, one of its licensed online gambling sites announced it was offering bitcoin to its customers. Also read: Market Risk Advisory Committee: Bitcoin Futures Self-Certification Works Neds Adopts Bitcoin Gambling […]